More Detail On Century American Casualty Purchase
NU Online News Service, Jan. 27, 4:16 p.m. EST?Physicians Insurance Company of Wisconsin (PIC Wisconsin), has provided more detail concerning the purchase of Century American Casualty Company by Atlanta-based Access Insurance Holdings Inc.[@@]
Mike Kollath, assistant vice president of finance for PIC Wisconsin, said Century American was a subsidiary purchased by PIC Wisconsin in 1998. The company was a shell company in runoff and was not a significant part of the underwriter's business.
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